Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank’s investments resulted into the creation of more than 400 additional jobs, bringing the total to 51,841 last year, underscoring the lender’s contribution towards transforming people’s lives. According to UDB’s latest Development Impact Report, titled “Transforming Lives: The Role of UDB in Driving …
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EAC-CET was established to protect the common interests of various partner states by safeguarding specific sectors, and the lack of uniform application Kampala, Uganda | THE INDEPENDENT | Import costs in the East African Community states are expected to remain high under the newly implemented Common External Tariff (CET) as countries …
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Kampala, Uganda | THE INDEPENDENT | The Uganda Investment Authority (UIA) has unveiled a groundbreaking initiative to encourage traders in Kampala’s business hub, popularly known as Kikuubo, to transition from trading in imported products to manufacturing them locally. The “Transitioning Kikuubo Traders to Manufacturing” initiative” is hinged on the spirit …
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Kampala, Uganda | THE INDEPENDENT | The Uganda Development Bank last year lent out more than 600 billion shillings to different projects on top of other non-financing activities, aimed at creating positive impact on the social, economic progress of the country. In measuring how successful their plans were, the Bank annually …
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Kampala, Uganda | THE INDEPENDENT | ITHUBA Uganda has just announced winners of the largest LOTTO jackpot pay out in the country’s history. With ticket sales going live only nine weeks ago on June 1, 2024, the grand prize of over UGX 1 billion guaranteed jackpot has been won by …
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Kampala, Uganda | THE INDEPENDENT | ACCA Uganda and Deloitte Uganda have announced the renewal of their strategic partnership, aimed at advancing capacity building and recognizing excellence among Chief Financial Officers (CFOs) in Uganda. This renewed collaboration confirmed July 29th, will span the next three years, reinforcing the …
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Kampala, Uganda | THE INDEPENDENT | Uganda Breweries Limited (UBL) unveiled its highly anticipated consumer promotion, “Laga Swagga,” on Wednesday, promising to reward over 400 lucky consumers with a staggering 1 billion shillings in cash prizes over 12 weeks. The launch event, held at the glamorous Silver Springs Hotel, was …
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Jinja, Uganda | THE INDEPENDENT | The National Agricultural Research Organization-NARO has finalized plans to introduce biodegradable hair extensions to the Ugandan market. The hair extensions are extracted from the banana stems after harvesting the banana crop. The scientists argue that parts of the banana crop which were often disposed of …
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Kampala, Uganda | THE INDEPENDENT | On July 18, Diamond Trust Bank announced its sponsorship of the Green Industry Agenda, a Uganda Manufactures’ Association led initiative, aimed at promoting sustainable industrial growth in Uganda. The lender’s CEO Godfrey Sebaana said the support aligns with the bank’s sustainability goals, and is a …
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Jinja, Uganda | THE INDEPENDENT | Uganda’s first e-Mobility Expo and Kiira Vehicle Plant (KVP) Open House is set for Friday 16th August 2024 at the Kiira Vehicle Plant in Jinja. Held under the theme “The Future is Green; The Future is Now”, the first-of-its-kind event organised by Kiira Motors Corporation …
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